US crude oil futures prices experienced a pullback after several days of gains, failing to hold above the 81.50 resistance level and retesting the 80.60 support level. Technical Outlook: Despite the recent decline, the technical outlook remains cautiously bullish. The price is currently attempting to rebound and retest the 81.50 …
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The EUR/USD pair experienced narrow sideways movement in the previous session, as we maintained our neutral stance due to conflicting technical signals. Technical Outlook: On the 240-minute chart, the pair is currently holding above the 1.0690 level and the main support level at 1.0675. This suggests the potential formation of …
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Oil, Crude, trading
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japanese-yen
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Oil, Crude, trading
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US crude oil futures prices continue their impressive rally, reaching a 7-week high of $81.86 per barrel, surpassing our previously identified target of 81.60. Technical Outlook: The technical outlook remains strongly bullish. The price has established a solid support base around 79.60 and is holding above the psychologically important 80.00 …
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The EUR/USD pair experienced mixed trading with a negative bias in the previous session, breaking below the 1.0700 psychological support level and reaching a low of 1.0683. However, the pair has since rebounded and is currently stabilizing above 1.0700, notably holding above the 61.80% Fibonacci retracement level of 1.0720. Technical …
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A cautious mood settled over European markets on Monday, with the pan-European STOXX 600 index maintaining its position at 515.06 points. The flat opening was largely attributed to a decline in mining stocks, dragged down by weaker metal prices. However, the automotive sector provided a glimmer of hope, accelerating with …
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European shares opened lower on Friday, led by a decline in technology stocks and a sharp drop in Carlsberg Group shares following the rejection of its takeover bid for British soft drinks maker Britvic. The pan-European STOXX 600 index fell 0.2% in early trading, with the technology sector experiencing a …
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Oil, Crude, trading
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